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ESAF Small Finance Bank (NSE:ESAFSFB) Asset Turnover : 0.02 (As of Dec. 2024)


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What is ESAF Small Finance Bank Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. ESAF Small Finance Bank's Revenue for the three months ended in Dec. 2024 was ₹5,989 Mil. ESAF Small Finance Bank's Total Assets for the quarter that ended in Dec. 2024 was ₹266,463 Mil. Therefore, ESAF Small Finance Bank's Asset Turnover for the quarter that ended in Dec. 2024 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. ESAF Small Finance Bank's annualized ROE % for the quarter that ended in Dec. 2024 was -36.05%. It is also linked to ROA % through Du Pont Formula. ESAF Small Finance Bank's annualized ROA % for the quarter that ended in Dec. 2024 was -3.17%.


ESAF Small Finance Bank Asset Turnover Historical Data

The historical data trend for ESAF Small Finance Bank's Asset Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ESAF Small Finance Bank Asset Turnover Chart

ESAF Small Finance Bank Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Asset Turnover
Get a 7-Day Free Trial 0.11 0.10 0.09 0.11 0.12

ESAF Small Finance Bank Quarterly Data
Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.03 0.03 0.02 0.02

Competitive Comparison of ESAF Small Finance Bank's Asset Turnover

For the Banks - Regional subindustry, ESAF Small Finance Bank's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ESAF Small Finance Bank's Asset Turnover Distribution in the Banks Industry

For the Banks industry and Financial Services sector, ESAF Small Finance Bank's Asset Turnover distribution charts can be found below:

* The bar in red indicates where ESAF Small Finance Bank's Asset Turnover falls into.


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ESAF Small Finance Bank Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

ESAF Small Finance Bank's Asset Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=27898.361/( (202236.79+260868.821)/ 2 )
=27898.361/231552.8055
=0.12

ESAF Small Finance Bank's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=5989.1/( (266462.9+0)/ 1 )
=5989.1/266462.9
=0.02

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


ESAF Small Finance Bank  (NSE:ESAFSFB) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

ESAF Small Finance Bank's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=-8436/23399.4
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-8436 / 23956.4)*(23956.4 / 266462.9)*(266462.9/ 23399.4)
=Net Margin %*Asset Turnover*Equity Multiplier
=-35.21 %*0.0899*11.3876
=ROA %*Equity Multiplier
=-3.17 %*11.3876
=-36.05 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

ESAF Small Finance Bank's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=-8436/266462.9
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-8436 / 23956.4)*(23956.4 / 266462.9)
=Net Margin %*Asset Turnover
=-35.21 %*0.0899
=-3.17 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


ESAF Small Finance Bank Asset Turnover Related Terms

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ESAF Small Finance Bank Business Description

Traded in Other Exchanges
Address
Thrissur-Palakkad National Highway, Building No.VII/83/8, ESAF Bhavan, Mannuthy, Thrissur, KL, IND, 680681
ESAF Small Finance Bank Ltd is one of the dominant small finance banks in India in terms of client base size, the yield on advances, Net Interest Margin, assets under management CAGR, total deposit CAGR, loan portfolio concentration in rural and semi-urban areas, and the ratio of microloan advances to gross advances. It delivers its products and services through its business correspondents, customer service centers (which are operated by its business correspondents), Branches, banking agents, ATMs, ATM cum debit cards, mobile banking platforms, SMS alerts, internet banking portals and unified payment interface facilities. It has business segments segregating them into Treasury, Wholesale Banking, Retail Banking and Other Banking Operations. Majority of revenue comes from Retail Banking.

ESAF Small Finance Bank Headlines

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